Strategic appointments strengthen Seven Tides' management team

Darryl Hutchison, Marc Ferreira and Fady Hamad, will assume responsibility for sales

  
Fady Hamad

Fady Hamad

Luxury residential and hospitality property developer Seven Tides has made key appointments to its senior management team, to spearhead corporate strategy, as the UAE economy continues to grow steadily, after the effects of the pandemic. Darryl Hutchison, Marc Ferreira and Fady Hamad, will assume responsibility for sales, finance and operations respectively.

“It was important that we not only strengthened our overall management team but provided experienced figureheads to plan and direct strategy in these key areas. We are facing the ‘new normal’, with transparency, social conscience, sustainability and technology shaping the way in which we operate,” said Abdulla bin Sulayem, CEO, Seven Tides.  

Initially, Hutchison joined Seven Tides last year as head of sales and despite the social restrictions as well as the economic uncertainty that prevailed during the Covid outbreak, he still managed to drive sales for Seven Tides’ Golf Views & Seven Palm projects, worth over US$152 million in 2020. The multi-award-winning Hutchison who has more than 13 years’ experience in business development will now have added executive responsibility, in addition to managing a team of 23 employees, covering sales, sales support and CRM.

With over a decade of experience, Marc Ferreira was recently appointed as head of finance for Seven Tides, taking responsibility for the financial accuracy and reporting of sales, leasing, Owners’ Association and Dubai Heights Academy. South African national Ferreira was previously commercial manager after being promoted from financial manager for a large organisation from the Durban Metropolitan Area in South Africa, having started his career as an auditor at international accounting and consulting firm Grant Thornton in Johannesburg.

Fady Hamad, has been promoted to head of construction and development – engineering and will oversee all of Seven Tides’ projects. Having joined Seven Tides in 2015, Hamad along with his team, manage all of the company’s contractors and suppliers for multi-million-dollar projects on the Palm Jumeirah and Jumeirah Lakes Towers (JLT). Hamad is also responsible for the maintenance division, which manages over 50 properties across a diverse portfolio which includes villas, apartments and warehouses, as well as heading-up Seven Tides Owners Association.        

“Darryl, Marc and Fady, are leaders with proven track records and are welcome additions to our executive team,” said Abdulla bin Sulayem, CEO, Seven Tides.

-Ends-

About Seven Tides

Based in Dubai, United Arab Emirates, privately owned Seven Tides is an internationally oriented holding company established in 2004. Currently focusing on hospitality and real estate sectors, Seven Tides thinks progressively, works creatively, partners strategically and acts quickly. The result is a current portfolio of offerings from landmark hospitality acquisitions and commercial buildings to residential towers and multi-use complexes in the gateway cities of London and Dubai.

For more information, please visit: www.seventides.com

Media contact:
NATHALIE VISELE
Director
Indigo Icon Tower, Cluster F
Jumeirah Lakes Towers
Dubai, United Arab Emirates
Tel: +971 4 365 2711
E-mail: nathalie.visele@shamalcomms.com
Website: www.shamalcomms.com

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.


More From Press Releases